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JASON RUSSELL JOINS PETER J. SOLOMON COMPANY AS MANAGING DIRECTOR TO LEAD INDUSTRIAL TECHNOLOGY COVERAGE

New York, NY, Dec. 05, 2017 (GLOBE NEWSWIRE) -- Peter J. Solomon Company (PJSC) today announced that Jason Russell has joined the firm as a Managing Director. He will serve as head of Industrial Technology coverage within PJSC’s Technology, Media & Telecommunications (TMT) Group. Mr. Russell has over 15 years of finance and industry experience, most recently as an investment banker at Citi.

Commenting on the appointment, Marc S. Cooper, PJSC’s Chief Executive Officer, said, “We are thrilled Jason Russell has joined the firm. His addition will help us build on the success of our TMT franchise and is very much in line with our comprehensive expansion strategy to continue to bring on top-tier talent and extend our advisory services into new sectors – in particular those sectors where we see strong connectivity and opportunities for collaboration with Natixis to better serve our clients.”

Richard S. Brail, PJSC’s TMT Group Head, said, "Industrial Technology is a strategic growth area for PJSC. It is a large and global market with significant potential as companies innovate and invest for the future. We are pleased to bring Jason onboard given his deep sector knowledge, industry relationships and transaction execution experience.”

Mr. Russell has wide-ranging experience advising clients across the TMT and Industrial landscape on M&A and capital market transactions. He has a particular focus on products and services at the intersection of these two sectors. His sector expertise includes industrial software (supply chain, manufacturing, identification), automated machinery (robotics, advanced manufacturing), vehicle systems (telematics, artificial intelligence), and building and smart home solutions.

Mr. Russell worked with Körber AG on its acquisition of HighJump Software, a leading US-based supply chain technology and cloud solutions specialist; Michelin on its €520 million acquisition of Sascar, Brazil's largest digital fleet management company; Vivint, a leader smart home technologies, on its $2 billion sale to Blackstone; Eaton on its $290 million sale of its Aerospace Power Distribution and Integrated Cockpit Solutions businesses to Safran; and ADT on its $500 million acquisition of Protectron.

"I am delighted to be joining PJSC at this stage of its growth strategy,” said Mr. Russell. “The team is exceptional and has a truly client-centric approach. With a dedicated concentration on Industrial Technology, we will be able to provide differentiated insights and superior strategic advice to clients in this rapidly evolving, connected world.”

About Peter J. Solomon Company

Jason Russell, Managing Director, Industrial Tech, Peter J. Solomon Company




Founded nearly 30 years ago, Peter J. Solomon Company is one of the leading financial advisory firms on Wall Street with a legacy as one of the first independent investment banks. We advise on mergers, acquisitions, divestitures, restructurings, recapitalizations, capital markets solutions and activism defense across a range of industries, including: retail, grocery, media and entertainment, technology, infrastructure and energy.

Peter J. Solomon Company offers unmatched industry knowledge in the sectors we cover to provide comprehensive strategic solutions tailored to generate long-term shareholder value.

Peter J. Solomon Company is an independently-operated affiliate of Natixis, part of Groupe BPCE, a top ten European and a top 20 global bank. Our clients enjoy proprietary access to an international advisory and financing platform with coverage throughout North and South America, EMEA and Asia. For further information visit pjsc.com.

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Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d7fa1d60-77ba-44c4-bc87-0e10acda1652

Christina Giliberti Peter J. Solomon Company 212-508-1640 cgiliberti@pjsc.com

Source:Peter J. Solomon Company